Automobile Tyre Market to 2024 –Global Market Size, Development Status, Top Manufacturers, and Forecasts

Automobile Tyre Market to 2024 –Global Market Size, Development Status, Top Manufacturers, and Forecasts

“Automobile Tyre Market”
WiseGuyReports.Com Publish a New Market Research Report On –“ Automobile Tyre Market to 2024 –Global Market Size, Development Status, Top Manufacturers, and Forecasts”.

 

Automobile Tyre Market 2019

Description: –

A Tyre in British English or the Tire in American English is the same product with a difference in the spelling. The tyre is a component that is like a ring shape and acts in surrounding the rim of a wheel for the transfer of the load of the vehicle from the axle to the ground through the wheel. The tyres also help in providing traction to the surface on which the vehicle travels on. Many of the tyres also act as a medium of shock absorbance as they roll over the different surfaces. The tyres are mostly used in bicycles and automobiles and are commonly termed as Automobile Tyre.

 

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Key Players

Yokohama
Goodyear
Michelin
Continental
Bridgestone
General AltiMax Arctic
Nokian
Falken
Hankook
Pirelli
Cooper

The tyres help in providing a footprint that has been specifically designed for matching the weight of the vehicle that is capable of bearing the strength of the surface that it is rolling on. It provides the bearing pressure that does not excessively deform the surface. The natural rubber, synthetic rubber, wire, and fabric are used as the raw materials of the modern Automobile Tyre in addition to the carbon black and numerous other chemical compounds in it. The tyre contains a body and a tread that helps in providing traction to the body.

Before the development of rubber, the initial tyre versions were only metal bands, which were fitted around the wooden wheels for the prevention of wear and tear of the wooden tyres. The rubber tyres at the earliest times were very solid and not pneumatic. The modern era has seen a drastic improvement in the Automobile Tyres in different sectors that include heavy equipment, aircraft, bicycles, cars, buses, trucks, and motorcycles. The first metal tyres are still in use in industries like the railcars and locomotives. The early versions of the solid tyres are still in use in the numerous non-automotive applications that include the carts, lawnmowers, casters, and wheelbarrows.

Market Segmentation of Global Automobile Tyres Market

The Global Market of the Automobile Tyres has respectively been segmented into two different major types that include the Type 1 Automobile Tyres and the Type 2 Automobile Tyres.

Major Geographical Regions of the Global Automobile Tyres Market

Based on the region, the Global Market of the Automobile Tyres includes the United States of America, from North America. Germany, France, United Kingdom, Italy, Spain, Poland, and Russia from Europe. China, Japan, South Korea, India, Indonesia, Singapore, Thailand, Malaysia, Philippines, Vietnam, and Australia from Asia-Pacific. Brazil, Mexico, and Colombia from Central & South America. And Turkey, Egypt, South Africa, Saudi Arabia, United Arab Emirates, and GCC Countries from the Middle East & Africa.

Industry Insights

The continent of Asia has been the largest supplier of Automobile Tyres. With the massive production share of Asia with 59.23% in the year 2015 and is followed by the continent of Europe with a share of 16.9% in the year 2015. In terms of consumption, the tyre market of Europe has been the most consumptive market, with more than 479 million units getting sold in the year 2015, which shares about 26.12% of the total tyres consumed globally. The continent of North America tends to be the runners up in the consumption market of the Automobile Tyres with an overall market share of 230.25% in the year 2015.

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Table of Contents – Major Key Points

1 Market Overview

2 Manufacturers Profiles

3 Global Automobile Tyre Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)

4 Global Automobile Tyre Market Analysis by Regions

5 North America Automobile Tyre by Country

6 Europe Automobile Tyre by Country

7 Asia-Pacific Automobile Tyre by Country

8 South America Automobile Tyre by Country

Continued…

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